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ARTICLE · 06 NOVEMBER 2015

ESMA Issues Additional Updates To AIFM Directive Q&A

Chevalier & Sciales
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The European Securities and Markets Authority has issued a fresh update on October 1 to its Questions and Answers document providing guidance and interpretation of the EU's Alternative Investment Fund Managers Directive.

European UnionCorporate/Commercial Law
Olivier Sciales
Olivier Sciales
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The European Securities and Markets Authority has issued a fresh update on October 1 to its Questions and Answers document providing guidance and interpretation of the EU's Alternative Investment Fund Managers Directive as well as the European Commission's level II delegated regulations on implementation of the directive issued in December 2012 and May 2013.

The Q&A document, first issued in February 2014 and since updated nine times, aims to promote common supervisory approaches and practices in the practical application of the AIFMD and its implementing measures through responses to questions posed by the general public and regulators themselves. It complements a Q&A document on the AIFMD published by the European Commission.

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